HANDLEY THOMAS W 4

What Happened

• Thomas W. Handley, a director of Republic Services, received an award of 71.47 restricted stock units (RSUs) on July 15, 2026. The filing values each share at $217.34, for a total reported value of $15,533. This transaction is coded as an acquisition/award (A) of a derivative security (RSUs), not an open-market purchase.

Key Details

• Transaction date and filing: Award dated 2026-07-15; Form 4 filed 2026-07-17 (timely).
• Units and value: 71.47 RSUs @ $217.34 per share = $15,533 total.
• Security type: Derivative (Restricted Stock Units) that will convert 1-for-1 into shares upon vesting (Footnote F1).
• Footnote highlights:
  • F2: These RSUs represent additional units accrued as dividend equivalents on outstanding RSU awards and will vest/settle to the extent the underlying RSUs vest.
  • F3: A portion of the RSUs are held under the company's Deferred Compensation Plan.
• Shares owned after transaction: Not disclosed in this Form 4.

Context

• This was a compensation-related award (RSU grant/dividend accrual), a routine insider receipt rather than a market purchase or sale. RSUs are derivative awards that convert to common stock when they vest; they do not by themselves signal an immediate buy or sell in the market.